Basement Flat
Offering to auction, this two bedroom basement flat situated in Fishponds, Bristol. This property would make a fantastic investment offering a potential monthly income of £1,250 and a potential yearly income of £15,000. This offers any prospective purchaser a a potential gross yield of 10.7% based on the guide price.
The property is approximately five miles from Bristol City Centre and provides easy access to public transport, the Bristol – Bath cycle path and the Avon ring road and motorway networks.
AUCTIONEERS NOTE:
RENTAL YIELD We have been advised by a local estate agent that the potential rental income per month is £1,250 and the yearly rental income is £15,000. This offers a potential gross yield of 10.7% based on the guide price.
ACCOMMODATION
Entrance Hall
Living/Kitchen/Dinning Room: 19'1" x 16'7"
Bedroom One: 15'11" x 12'3"
Bedroom Two: 10'1" x 8'4"
Cloakroom:
Shower Room: 7'1" x 5'6"
Rear Garden
VIEWINGS
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.
FULL DETAILS
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Tenure: Freehold
EPC Rating: C72
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium of £1,560 including VAT.
Buyers Administration charge of £1,200 including VAT.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.